Final-Fan said:
Even so, it's a fair rebuttal to elprincipe's "the cure does not exist". Although I have to say that elprincipe had already proved himself wrong by claiming that GOVERNMENT military demand in WWII pulled us out of the Depression. |
Exactly, I was actually going to ask what was the difference between the federal government's spending in the new deal gettin the US out of the depression and the federal government's spending in WWII getting the US out of the depression, especially when the former spending is useful in terms of infrastructure existing after the spending whilst the second is less useful as detonated bombs and fired bullets don't help the economy past their initial creation (though they help in that factories are built to make them the product itself doesn't unlike when the product is a road or a bridge...).
However I haven't especially put much thought in it so if one of you guys has an argument why government spending is better in one case than the other or a link to an article making the case I would be genuinely interested to read it.
"I do not suffer from insanity, I enjoy every minute of it"